In this audio we discuss:
How long has health insurance been in America?
What’s happened to the cost in the last 15 yrs.
Why is it so expensive?
Your role in changing it if you’re not happy with what you’re paying.

Chuck Bartok’s MRI story. $2k via insurance. Had to call several local doctors to find one that took cash. Cost, $500.

According to the US Census Bureau, about 9% of Americans are covered under health insurance purchased directly by themselves, not through an employer.

Why is health care so expensive?
Not enough employees for discount?
Why all pitching money into large pot to get better rate?
Technology should mean higher volume, lower price.

I say it’s the cheap deductible.
I say no one looks at the itemized bill.
I say consolidation of power in insurance companies = monopoly on price.

Why a 401k might not be the great investment you’ve been led to believe.

I’m a guest of Jon White, author of the book:
A Tale of Two Houses – his journey of buying a home the right way after buying one the wrong way.

What’s covered in this audio:
What’s happening to your money when you give it to Wall Street?
How annual fees are stealing your future wealth.
The less work you do investing, the less profit you make.
The take away? 401k investing might not be what you think it is.

We agree with you on the 401(k) — since Wall Street is also taking two-thirds of the employer-match in fees over the long haul. Much better to set up your own IRA at a local, FDIC-insured community bank that makes sound loans to local businesses and local home mortgages.

Best regards,
Pam Martens
Wall Street On Parade

2/3 of your 401k and employer match are being eaten up by just 2% annual fees!

3) Should I buy another car if my current one is paid for and running just fine? Honda, high miles. Wife says “I deserve it” listener said Honda might not be safe since lacks safety features of newer cars.

Donate:

Thank you for your exchange of value with us.
If you find value in the Debt Shepherd website & podcast , enjoy the content , and appreciate the energy put into it for you, please consider returning some energy by making a donation via
PayPal to greg@debtshepherd.com - Greg